A final plan for distributing bankrupt Yellow Corp.’s remaining assets, valued at over $600 million, received approval on Monday.
Warehouse operator Prologis sees demand for coastal logistics facilities hitting a three-year high in 2026.
Freight shipment declines widened in October, Thursday data from Cass Information Systems showed.
Third-party logistics provider BlueGrace announced it has acquired Michigan-based peer STB Freight Group.
Werner Enterprises said it’s holding the line on dedicated capacity as the industry awaits a turn in the cycle.
Radiant Logistics outlined incremental revenue opportunities on a Monday quarterly call as its Navegate platform is expected to see wider customer adoption.
Bankrupt Yellow Corp.’s estate is nearing a final distribution plan.
Universal Logistics Holdings reported a large headline net loss for the third quarter.
Specialized less-than-truckload carrier XGS has been acquired by LRT Group.
Yellow Corp.’s breach-of-contract lawsuit against the International Brotherhood of Teamsters has been reinstated by a federal appeals court.
Management at Forward Air announced on Wednesday, in conjunction with its quarterly report, that a strategic review, which could include the sale of the company, remains ongoing.
ArcBest flagged margin concerns heading into the seasonally weakest part of the year.
Cold storage warehouse operator Lineage modestly cut its full-year 2025 outlook on Wednesday as high food prices weigh on customer inventories.
ArcBest beat expectations for the third quarter but flagged significant margin deterioration in its asset-based unit in the fourth quarter.
Warehouse operator Prologis said the logistics real estate market has turned the corner.
Supply chain executives are bracing for higher transportation prices, according to a monthly sentiment survey.
Employee-owned companies Interstate Personnel Services and J&R Schugel agree to join forces.
Heartland Express saw some sequential improvement in operations in the third quarter but said truckload market fundamentals won’t improve until next year.
XPO once again reported significant margin improvement in the third quarter, despite a soft less-than-truckload market.
Less-than-truckload carrier Saia guided to a fourth-quarter operating ratio that would equal its worst since the pandemic.
Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.
XPO beat third-quarter expectations as yield and operating efficiency initiatives offset a soft demand environment.
Old Dominion Freight Line remains focused on yield management and controlling costs as it awaits a reprieve from tonnage declines.
Belt tightening and higher yields helped Old Dominion Freight Line limit margin degradation in the third quarter.
Truckload carrier Pamt Corp. booked its fourth consecutive net loss in the third quarter.
Truckload broker Landstar System called out some positive catalysts on its third-quarter call with analysts on Tuesday.
Yellow Corp. has entered agreements to sell four terminals for $6.1 million as its liquidation process nears its end.
DSV announced it will sell USA Truck, an Arkansas-based truckload carrier, as it does not align with the Danish freight forwarder’s asset-light business model.
Knight-Swift Transportation’s third-quarter results and fourth-quarter outlook came in light of expectations on Wednesday.
Forward Air’s stock fell sharply on Monday following a report that it hasn’t yet received a satisfactory takeover offer.
Old Dominion Freight Line is the latest less-than-truckload carrier to implement a general rate increase ahead of schedule.
Cost reductions at J.B. Hunt more than offset a soft demand environment in the third quarter.
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
Prologis sees signs that the logistics warehouse market is tightening, with the potential for rents to see outsized growth in the next upcycle.
Logistics real estate investment trust Prologis beat third-quarter consensus expectations amid “record leasing” activity.
Less-than-truckload rates maintain record levels despite softness across the manufacturing complex.
The truckload market took share for a second straight month in September, but overall freight fundamentals remain weak, according to a report from Cass Information Systems.
Industry veteran-led startup CoPilot announced its initial acquisition as it works toward establishing a global logistics platform.
Home goods retailer Ikea has acquired U.S.-based logistics technology company Locus to improve its final-mile delivery network.
Third-party logistics provider ATS Logistics Services has agreed to acquire the brokerage operations of Trailer Bridge.
The September Logistics Managers’ Index signaled a negative freight inversion for the second month in a row.
Old Dominion Freight Line was named as the top national carrier for a 16th straight year by Mastio & Co.
Morgan Stanley lowered earnings expectations for publicly traded truckload and less-than-truckload carriers on Monday.
FedEx Corp. has completed the formation of the leadership team for a standalone FedEx Freight.
Trimac Transportation announced it has acquired Houston-based chemical hauler Service Transport Company.
Expedited carriers C&M Transport and Barrett Directline have entered a merger agreement.
Paschall Truck Lines’ parent Interstate Personnel Services is looking to add temperature-controlled capabilities to its network with the acquisition of J&R Schugel.
ArcBest talks up numbers at its first investor day since 2015.
Rose Rocket announced Monday that it has acquired Toronto-based technology provider Centro.
AI adoption and data center buildouts have warehouse tenants fretting over energy infrastructure.
Supply chain services provider TIG has agreed to acquire food-grade logistics provider PDM.
Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
Less-than-truckload carrier Dayton Freight Lines announced it has doubled capacity at a terminal serving the Salem, Illinois market.
FedEx Freight’s spinoff is on track to be completed by June of next year.
The Cass Freight Index showed year-over-year shipment declines widened in August.
Yellow Corp. lost an appeal to circumvent the 2021 pension bailout regulations used to calculate its withdrawal liabilities.
BWT Logistics has acquired RAZR Logistics, adding on-demand warehousing to its services.
Yellow Corp. has reached a deal to sell a Baltimore terminal, leaving only 11 locations remaining for sale.
Radiant Logistics’ fiscal fourth quarter results came in ahead of analysts’ expectations.
Truckload carrier Werner Enterprises said it’s seeing “positive momentum” in its dedicated and logistics businesses at an investor conference this week.
ArcBest lowered third-quarter margin expectations for its asset-based unit, which includes less-than-truckload operations.
Freight broker FitzMark announced it has acquired Hometown Logistics.
Less-than-truckload carrier Dayton Freight reaches further east with its latest terminal opening.
Logistics Plus announced the acquisition of Chicago-based freight brokerage LoadDelivered Logistics.
Less-than-truckload carrier Saia saw tonnage move back into negative territory in August as the manufacturing complex nears a third full year of contraction.
Old Dominion Freight Line reported Thursday that tonnage declines accelerated in August.
Descartes missed fiscal second-quarter expectations Wednesday after the market closed.
Less-than-truckload carrier XPO’s third-quarter update showed a notable moderation in tonnage declines during August.
Radiant Logistics announced it has taken an 80% stake in Weport, a Mexico-based transportation and logistics provider.
Yellow’s equipment auctions conclude after nearly two years.
Sentiment among supply chain managers regarding transportation capacity and pricing signaled a cooling freight market in August.
Payables automation platform BravoTran announced the addition of receivables capabilities with the acquisition of Keystroke.io.
Infrastructure investment firm Stonepeak has acquired two logistics centers in Fort Worth, Texas.
Prologis Mobility and EV Realty are collaborating to increase electric truck charging capabilities across California.
J.B. Hunt Transport Services promotes Brad Delco to chief financial officer.
Cold storage provider Lineage announced Thursday that its facility at the Port of New Orleans now offers bonded warehouse space in addition to USDA inspections.
The Pasha Group announced it has expanded service at the ports of Seattle and Tacoma by acquiring the transloading assets of MacMillan-Piper and Tacoma Transload.
Marten Transport announced Tuesday that CEO Tim Kohl is retiring at the end of September and will be replaced by Executive Chairman Randy Marten.
A second round of buyout bids for Forward Air are due next month, according to an M&A blog.
Two top industrial real estate firms issued reports this week showing a spike in leasing activity among 3PLs as uncertainty around global trade policy lingers.
Yellow Corp. has asked a federal bankruptcy court to approve the sale of three terminals valued at $16 million.
Freight shipment declines accelerated in July but costs again stepped higher, according to a monthly report from Cass Information Systems.
Truck broker Landstar System disclosed the outcome from a Texas jury trial on Wednesday and outlined other likely charges it faces in the third quarter.
Temperature-controlled warehouse operator Americold announced it has opened a $100-million-plus import-export hub in Kansas City, Missouri.
Yard management provider Lazer Logistics announced the acquisition of three companies that provide trailer leasing, yard spotting and shuttling services.
Echo Global Logistics announced it has acquired Huntington Beach, California-based 3PL FreightSaver for an undisclosed sum.
Forward Air’s second quarter came in slightly ahead of analysts’ EBITDA expectations as investors await an update on a strategic review process that could result in the company changing hands.
Trimac adds to its specialized and flat deck offerings with the acquisition of Searcy Trucking.
GXO Logistics’ large committed revenue book along with a healthy pipeline of opportunities position it well for an upcoming change in executive leadership.
Cold storage warehouse operator Lineage Inc. lowered its 2025 outlook on Wednesday as high food costs are constraining customer inventories.
GXO Logistics announced better-than-expected results for the second quarter and raised its full-year outlook on Tuesday.
An anemic freight recovery carried through July, according to a monthly query of supply chain managers.
Pamt Corp. announced on Monday that its Chief Financial Officer Lance Stewart is taking over as president and CEO.
Logistics warehouse operator Prologis noted tightening in key metrics during the second quarter.
Global supply chain SaaS provider Descartes announced on Monday that it has acquired cloud-based inventory management company Finale Inventory for $40 million.
Less-than-truckload carrier XPO sees “a massive runway ahead” for its self-help initiatives even if the broader economy doesn’t cooperate.
Schneider National said Thursday it needs more information before weighing in on the potential fallout from a Union Pacific–Norfolk Southern merger.
Less-than-truckload carrier XPO continued a streak of earnings beats on Thursday, reporting revenue and net income ahead of consensus estimates.
Transportation and logistics provider ArcBest is relying on cost and efficiency initiatives to get through the downturn.
Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.